Money Talks is about building and creating money. Money Talks is about building a stream of money through home based businesses. Money is something we all need to survive and Money Talks will go into money in depth.

Friday, January 25, 2008

Home Based Business Opportunity

9 Proven Ways to Ensure Success When Picking a Home Based Business Opportunity

There are so many options on the internet today that choosing an home business opportunity can be overwhelming at first. There is so much information, websites, emails, audios and options explaining different home business opportunities. It is very easy for you to become numb looking at the options and opportunities out there. You can easily throw up your hands continue working a nine to five job since you are not sure which way to turn for true legitimate advice when picking a home based business opportunity.

To ensure your success from the very beginning with a home based business opportunity and business venture it is vitally important to have all 9 elements in place so you have results in your personal bank account. It is like baking a cake. If any of the 9 elements are missing then your success can be impacted or delayed by several years. The investment of research upfront when choosing the right home based business opportunity will save you years of frustration, time and money.

It is best said that when picking a home based business opportunity it is best to seek out the people and a team that has the success to back up the testimonials as well as continued success with brand team members that are new with no experience to the business experience the same duplicable success..

There are 9 proven ways and important considerations to make sure are in place to ensure your success from the very beginning.

1.) FUNDED PROPOSAL SYSTEM: - Does the home business opportunity have a funded proposal system that offers a front end product that is $50 or less? Why is this important to consider? Well if you or any serious entrepreneur is interested in being home full time and making a six or multiple six figure annual income then they will easily pay a $50 application fee to see if they qualify. A bonus is when the marketing system offers a product in exchange for the $50 that you are paying for the application. What does this do for your business, time and marketing? When you have a business online you are advertising. A funded proposal system is designed and will assist you in a few ways. You will receive back a portion of every application that is submitted which will assist you in funding your marketing. Secondly, using the funded proposal system you are sifting and sorting serious entrepreneurs that are interested in making a living from home. If someone is not willing to pay for an application that cost less than $50 then they are clearly not serious about having a very profitable business opportunity from home.

2.) CALL CENTER: - The funded proposal system ties in nicely with a call center. If your objective is to have a home based business opportunity and be home spending quality time with family or just plainly buying back some of your time that you have been working endless hours at work and sitting in traffic then the last thing you may want to do is call hundreds of prospects and leads opting into your website to see if they quality. This would mean that you are interested in sales and being on the phone anywhere from 3-4 hours daily just to see if people quality. Well if you seek out a home base d base d business opportunity it is a good idea to have the funded proposal system to have serious business seekers and entrepreneurs fill out an application. The call center is another automated part of your business where the calls will be handled for you. The call center will call your applicants and answer any questions for you on your behalf.

3.) TURNKEY MARKETING SOLUTION: Build or better yet find one that is an Attraction Marketing system that does 90 per cent of the work for you, sorting, selling, training, etc, etc. This system must not only attract (right keywords, ads etc) the right type of person but be able to present the information in such a way that is clear, concise, to the point and not full of hype fluff or crazy promises. It addition it must have a turnkey option where you do not have to learn how to market and can automatically have traffic and sales working for you by having your in house call center doing the call and closing the sales for you. Your turnkey marketing solution along with the call center will have your home based business opportunity have consistent results and profit for you.

4.) PRODUCTS:Make sure that the products being sold are legitimate stand alone products, products that would sell themselves if on a shelf in a store etc. Most network marketing and direct sales companies out there are built around the compensation plan and NOT a stand alone product. If what you are marketing is NOT a stand alone product, you will have a hard time building residual inc0me and a stable business, as most people will not be able to duplicate what you are doing and your attrition will be huge. One way to tell if the products are viable is to see what percentage of the products sold are retail sales. If people are only buying the products to be able to turn around and sell them to other recruits, beware. This is so critical. Beside who doesn't want to be proud of what they're selling. There are enough legitimate companies marketing legitimate products out there. Find one that feels right to you! The product is your back bone for the home based business opportunity.

5.) COMPENSATION PLAN: Direct Sales BUT, only if it has a residual inc0me based compensation plan. When choosing a home based business opportunity you want to make sure that you are maximizing your time and have leverage working for you. Choose a compensation plan where you get paid large profits upfront but also have multiple income streams built into the business model so you are paid in the future for today's work.

6.) TRAINING: Find a home based business opportunity where one on one and group training designed to dramatically shorten the new consultants learning curves and reduce the number of variables that come with "trial and error". Find a system that is designed to "share" the knowledge and experience with EVERY member through daily training calls and connecting through a forum. Find a company where you are directly connected to top producers LIVE, 4 days a week, as if they were sitting in the office with them.

7.) SUPPORT: Unparalleled support is mandatory. When seeking a home based business opportunity it is important to be surrounded by an extraordinary amount of support so you know both yourself and team have an abundant amount of support. The access should be direct phone numbers for not only your direct mentor but over 40 additional mentors that You can call and reach out to at anytime.

8.) MENTOR: When choosing a home based business opportunity find a mentor. Someone you can trust. Someone who has a system. Someone who already has the results you are looking for. This has to be someone who is willing to listen to your needs and actually cares about your success. He/she must also have a financial interest in your success. Make sure your mentor gets paid EVERY TIME you do!

9.) DUPLICATION, DUPLICATION, DUPLICATION: The way you truly know that a sales and marketing system for a home based business works is when a brand new person that has no marketing experience and is not picking up the phone is making sales within their first few weeks. Yes at first hearing something like this seems to good to be true for anyone especially when overwhelmed with so much hyped up ads and marketing. Therefore it is best for you to research, go through the process and do your due diligence.

Aniko' Fekete is an Expert Internet Marketer, Coach and Millionaire Maker. "Learn how to earn a realistic $250K First Year Income, No Selling, Turnkey, Automated, Multiple Income Streams!" ==> http://www.250kfirstyearincomesystem.com/